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This certainly doesn’t look like a “12% away from all-time highs” market or economy to me. Does it to you?

Dow 25,000? Get Real; Robinhood’s Most Wanted … Is Carnival? May 27, 2020 by Joseph Hargett Great Stuff Enema of the State I’m in a mood today, dear reader, so let this be a warning that a rant is incoming. First, let’s start out with today’s astonishing development that sparked this Great Stuff mood. The Dow Jones Industrial Average topped 25,000 today — the culmination of a 35% rush off its March lows. […]

The Worst May Be Over, but We Haven’t Felt This Recession Yet May 27, 2020 by John Ross 2020 Financial Crisis, American Investor Today, U.S. Economy (4-minute read) Investors and consumers are feeling good. But that optimism is misplaced, as John Ross will explain today.

There was a crack in Wall Street’s armor today, but it wasn’t jobless claims that made investors blink … it was China.

Senate Wise Guys Draw China Eyes May 21, 2020 by Joseph Hargett Great Stuff The New Red Scare Here we are… Another Thursday, another weekly initial jobless claims report … and another stock market rally? Some 2.4 million Americans filed for first-time unemployment claims last week. The nine-week total of continuing claims now stands at nearly 39 million. Despite Main Street’s pain, Wall Street’s song remains the same. The […]

It’s Not Too Late to Buy This Sector at a Crazy Low Price May 19, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., Investment Opportunities [5-minute read] Many were shocked when I recommended the housing stocks a month ago … but the market is coming around. Buy this ticker now to get in on the gains!

With 36 million jobless claims and the China trade deal in the hot seat, Wall Street may have finally realized the enormity of the U.S.’s economic situation.

A Claim Too Far: The Market’s Line in the Sand May 14, 2020 by Joseph Hargett Great Stuff Batten Down the Hatches I struggled with sugarcoating things for you today, but then I remembered … this is Great Stuff, we don’t do that here! For the past couple of weeks, the market has idled in the eye of the pandemic storm. For all the volatility, the market has made little headway since early […]